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B2b High-precision Part Manufacturing Business (37988) For Sale

Northeast Illinois, Illinois, US
Asking Price:
On request Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$1,270,222
Cash Flow:
$268,191

Accepting Offers! Located in Northeast Illinois and serving North America, this business manufactures specialized and high-precision machined products from shafts, guides and gudgeon pins, to seaming levers, general tech, and other quality materials.

Benefiting from a state-of-the-art facility featuring CNC Machines with support equipment, and over four decades of experience, the company focuses on clients in the packaging and printing markets while maintaining its flexibility with food processing, oil and gas, and the general machining markets as well.

With projections up to $1.5 Million for 2023, the business reached revenues of $1,270,222 in 2022 alongside Discretionary Earnings of $268,191. Working at near-full capacity, no additional sales staff would be required to generate more projects; organic growth can be obtained through mining existing customers with the addition of another shift of employees or a larger facility. With long-term leasing available, the property is a 10,000-square-foot shop found in prime condition with office space and a production area of up to 9,200 SF.

Cross-trained for estimating and quoting, a skilled team of nine nonunion employees include management in place and are set to remain post-purchase and continue operations. While the owners are involved, there is an excellent work-life balance thanks to the reliable employees.

Ownership will be available as needed for standard transitioning. Besides their active website & engagements across social media, marketing relies mostly on verbal referrals from a large, repeating customer base lays out the foundation with potential for growth through aggressive advertising and strategic partnerships.

With a strong profit margin, the owners are seeking offers to find a fair market value for the business.

Property Information

Real Estate:

Lease

Premises Details:

Inventory comes with $150K in shadow value.

Size in square feet:
10,000+/-

Business Operation

Reasons for selling:

Focusing on family & health.

Trading hours:

Monday to Friday 7:30AM - 3:30PM.

Employees:
9 nonunion.
Years established:
1979; Acquired in 2016.

Other Information

Support & training:

Cross-trained team for estimating and quoting with management in place can continue operations for work-life balance after a standard transitioning as needed.

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

Standard SBA-term financing will be negotiable for qualified buyers.

Furniture / Fixtures value:
$230,000 - included in the asking price
Inventory / Stock value:
$210,587 - included in the asking price
Relocatable:
This business can be relocated.